Support limits increased for cooperatives

The support limits within the Cooperative Support Program (KOOP-DES) have been raised. According to an announcement made on the ministry’s social media account, the upper limit of support for cooperatives, where at least 90% of the partners are women, who will operate elderly and disabled care centers, children’s clubs, kindergartens, and day care centers for investment in capital goods for machinery and equipment purchases, has been increased from 400,000 TL to 1 million TL. Additionally, the upper limit of support for exhibition and fair participation for the promotion and marketing of products produced by cooperatives has been raised from 60,000 TL to 150,000 TL. Support for qualified personnel employment related to projects for the purchase of machinery, equipment, and capital goods, which will receive grant aid, has been increased from 204,000 TL per year for 1 staff member to 266,400 TL, and from 408,000 TL per year for 2 staff members to 532,800 TL.